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Reliance Power Ltd rises for third straight session
Reliance Power Ltd is quoting at Rs 27.42, up 1.07% on the day as on 12:49 IST on the NSE. The stock is down 38.51% in last one year as compared to a 3.98% jump in NIFTY and a 14.01% jump in the Nifty Energy index.
Hindustan Petroleum Corporation Ltd up for third straight session
Hindustan Petroleum Corporation Ltd is quoting at Rs 387.35, up 1.2% on the day as on 12:49 IST on the NSE. The stock is down 3.46% in last one year as compared to a 3.98% slide in NIFTY and a 14.01% slide in the Nifty Energy index.
Siemens Energy India Ltd rises for third straight session
Siemens Energy India Ltd is quoting at Rs 3614, up 4.46% on the day as on 12:49 IST on the NSE. The stock is up 32.14% in last one year as compared to a 3.98% jump in NIFTY and a 14.01% jump in the Nifty Energy index.
GAIL (India) Ltd down for fifth straight session
GAIL (India) Ltd is quoting at Rs 154.84, down 0.82% on the day as on 13:19 IST on the NSE. The stock tumbled 18.78% in last one year as compared to a 4.95% slide in NIFTY and a 12.19% spurt in the Nifty Energy index.
JSW Energy Ltd up for fifth session
JSW Energy Ltd is quoting at Rs 534.85, up 0.32% on the day as on 12:44 IST on the NSE. The stock is up 5.95% in last one year as compared to a 4.88% drop in NIFTY and a 12.23% drop in the Nifty Energy.
Aegis Logistics Ltd soars 1.82%, up for fifth straight session
Aegis Logistics Ltd is quoting at Rs 713.25, up 1.82% on the day as on 12:44 IST on the NSE. The stock is down 20% in last one year as compared to a 4.88% spurt in NIFTY and a 12.23% spurt in the Nifty Energy.
Hitachi Energy India Ltd spurts 6%, up for five straight sessions
Hitachi Energy India Ltd is quoting at Rs 35360, up 6% on the day as on 12:44 IST on the NSE. The stock is up 113% in last one year as compared to a 4.88% fall in NIFTY and a 12.23% fall in the Nifty Energy.
How JSW Energies’ Rs 3,150-crore JSW Steel stake sale will help lower debt, Jefferies explains
JSW Energy’s Rs 3,150-crore stake sale in JSW Steel to GQG Partners and SBI Mutual Fund is expected to strengthen its balance sheet. Jefferies says the move will lower leverage, support capex plans and improve execution visibility, prompting a target price upgrade to Rs 675.
Retail SIP boom boosts AMC outlook; Nippon, ICICI Pru lead pack: Siddhartha Khemka
India's asset management sector is transforming with systematic investing driving growth and stability, reducing reliance on volatile discretionary capital. SIP inflows have surged, now forming a significant portion of mutual fund assets, indicating a shift towards predictable, annuity-like revenue streams. This structural change positions the industry for sustained, retail-led expansion.
Block deal: JSW Energy sells Rs 3,150 crore JSW Steel stake to GQG, SBI Mutual Fund
JSW Energy has divested a portion of its JSW Steel stake for Rs 3,150 crore to fund its aggressive power generation expansion. The company aims to reach 30 GW capacity by 2030, bolstered by both renewable and thermal power projects. This strategic move enhances capital allocation and supports long-term growth initiatives.
JSW Steel block deal sees GQG, SBI MF as key buyers
GQG Partners and SBI Mutual Fund emerged as key buyers in a block deal of JSW Steel on May 18, reflecting in the day’s institutional inflow data. The transaction, valued at around ₹3,150 crore, saw JSW Energy offload 2.5 crore shares at ₹1,260 apiece. GQG acquired 1.5 crore shares, while SBI Mutual Fund picked up 1 crore shares, indicating strong institutional appetite for the steel major.
Suzlon Energy Ltd gains for third straight session
Suzlon Energy Ltd is quoting at Rs 54.43, up 1.8% on the day as on 12:49 IST on the NSE. The stock is down 10.89% in last one year as compared to a 4.94% slide in NIFTY and a 12.15% slide in the Nifty Energy index.